XML 24 R12.htm IDEA: XBRL DOCUMENT v3.25.1
RECENT REAL ESTATE ACQUISITIONS (CONSOLIDATED)
3 Months Ended
Mar. 31, 2025
Business Combination, Asset Acquisition, and Joint Venture Formation [Abstract]  
RECENT REAL ESTATE ACQUISITIONS (CONSOLIDATED) RECENT REAL ESTATE ACQUISITIONS (CONSOLIDATED)
During the three months ended March 31, 2025, the Company exercised its option to acquire 24 units on the campus of one of its Senior Housing - Leased communities. There were no acquisitions during the three months ended March 31, 2024. The consideration was allocated as follows (in thousands):
Three Months Ended
March 31, 2025
Land$499 
Building and improvements7,215 
Tenant origination and absorption costs intangible assets110 
Tenant relationship intangible assets30 
Total consideration$7,854 
The tenant origination and absorption costs intangible assets and tenant relationship intangible assets had amortization periods as of the date of acquisition of 14 years and 24 years, respectively, for the acquisition completed during the three months ended March 31, 2025.